2022
Exports
$16.4MWorld Rnk 33 / 158
Flag Rnk 132 / 1099
2022
PRODUCT COMPLEXITY IN Processed Cereals
-0.77Rnk 775 / 1025
2022
Imports
$21.1MWorld Rnk 28 / 218
Flag Rnk 246 / 1184
2022
ECONOMIC COMPLEXITY of Guatemala
-0.2Rnk 76 / 133

About

Exports In 2022, Guatemala exported $16.4M in Processed Cereals, making it the 33rd largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 132nd most exported product in Guatemala. The main destination of Processed Cereals exports from Guatemala are: Honduras ($7.16M), El Salvador ($2.95M), Costa Rica ($2.22M), Nicaragua ($2.11M), and Panama ($1.28M).

The fastest growing export markets for Processed Cereals of Guatemala between 2021 and 2022 were Honduras ($2.37M), Costa Rica ($1.54M), and Nicaragua ($1.15M).

Imports In 2022, Guatemala imported $21.1M in Processed Cereals, becoming the 28th largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 246th most imported product in Guatemala. Guatemala imports Processed Cereals primarily from: Chile ($18.4M), Costa Rica ($1.44M), Canada ($597k), Honduras ($387k), and United States ($203k).

The fastest growing import markets in Processed Cereals for Guatemala between 2021 and 2022 were Chile ($4.18M), Costa Rica ($447k), and United States ($109k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Processed Cereals. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.4M
IMPORTS (2022)$21.1M
NET TRADE (2022)-$4.68M

In 2022, Guatemala exported $16.4M in Processed Cereals. The main destinations of Guatemala exports on Processed Cereals were Honduras ($7.16M), El Salvador ($2.95M), Costa Rica ($2.22M), Nicaragua ($2.11M), and Panama ($1.28M).

In 2022, Guatemala imported $21.1M in Processed Cereals, mainly from Chile ($18.4M), Costa Rica ($1.44M), Canada ($597k), Honduras ($387k), and United States ($203k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR Guatemala WERE (2021 - 2022):
Honduras$2.37M (49.5%)
Costa Rica$1.54M (226%)
Nicaragua$1.15M (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY Guatemala WERE (2021 - 2022):
Dominican Republic-$223k (-89.7%)
Canada-$263 (-75.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guatemala's main exporting competitors in Processed Cereals were:
In 2022, Guatemala's main importing competitors in Processed Cereals were:

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Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.05M
TOP IMPORT POTENTIALCanada+ $521k

Processed Cereals’s highest export potential is United States. With an export gap of $1.05M.   Processed Cereals’s highest import potential is Canada with an import gap of $521k.

See methodology.

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